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<br /> <�: '.� ��� UNIFOAM COV'ENA�7'f5.6a'�O�r and Lender covet►ant and agree W n��d��e princ�ipa!and�iMerest ir�d�Diedness `.. r-.�..� ` ` � :.
<br /> : a:, •
<br /> .. , ..�:� f. �ymo►ri o4�ria�cipsl and Inte�sL Bomower shalf promptty P�fl ' ._::..�,:�E' ;..:.•.�.:
<br /> • � ,� �; e�uitl�nced b1 f the Note artd tate chsrSes as Aravided in tLhe Not� ;
<br /> - ��� ��- �. �undatorT�cesartdtnsur�aec�Subjecttoapplicabtetauvora�+rittenvratverbyLender.BortowershaltpaytoLender '�. ; ;.
<br /> -� � :�: . Ie under the Note.ut�tif the(�ote te paid in tutl,a surn(herein ° _�
<br /> � c�r.ttee day mor�Uily payme�ts of Drincipal and�nterest are payab `�.�"<:��;`,�.F:,::
<br /> �'�` taxes and assessrttenta(inctuding oondaminium and Planned unit devetopment , ...t
<br /> "Frmda"j e4ua1 to ane�nretfth otthe yeartY Iusan�e►fth � ,
<br /> '�� * 8�ossr��Ms.itart}I)vrt�Ichmayaltainpr�crityovarthis0�adotTrust.arddgraundre�sonthePropertfr,i4anll.P .
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<br /> .���: dJ ycearty pramium installm�rds tor ha�rd Msurance.Pius one twe1M of ye�rty P�mtum instatimer�ts br mortgag�dnsurance.
<br /> • �: . ��y,�i���ortaptyestimatedini�allylandfinmtimsmtimebyl.ertderonthebasisot�ssessrr«Msandbif[sandreasona�ta .
<br /> _, ;" ` � �� �stimabasthe�eof.Barrati�r�rshaUrtatbaabtigatedtomaioasuchpaymernsofFundst�le4tdertothewRenttAatBacrowermahes
<br /> ' ,�;` - to tha hoider of a priot rttoRgage or dead of trust if such holder is an ins4ttu�anaf tender. �" . ,, � ,'��,;, �. �-
<br /> k. . , such pa�ertts .
<br /> � � �: P Funds to Lender.the Funds s h a[I he fie l d in e n i n s�t u t i o n t h e d e p o s i b o r a o c o u n t s o f w t�i d�ar e t nsuted � � '
<br /> tt Barrawer PaYs the Fu�ds
<br /> °`-- or gu a r a n t e e d by a f e d e r a l o r s t a t e a g�c�l(��d�n S��r��nder is such an Inst�tan).Lendar shail appty __ „ _
<br /> ;.,;"
<br /> `�.:� . t�p pa y said�uaea.assessmertis.insarance Premiums and ground�er�ts.Lender rnay not charge br so ho t ding an d aPP h i�R 9 . � _ .. `_
<br />` �; � theWnds�analy�in9satdaccauntorverifyingandcomPilingsatdassessmernsandbilt�untessLenderpaysBorrowarirtterest
<br />�:�. � catheFunQsandapgficabtetav�permitsLertdertomakesuchachargc�BorrativerandLendermayagreeinv�rritingatthetime `
<br /> ` "" rt execution of this Oeed of Trustthat int�rest on tha Funds shatl bs patd to Borto�rer,and untess such agresmerit is made ar
<br /> �'�` - a�pl3ca�4e law requires such irnerest to be paid,Lender shalt not be required W pay Borrower arry inierest at eaminSs on the �:
<br /> ` `:. withont cinarge.an annual accaur�ting of tRe Funds showing cred'rfs and debits to the � ` : r�,
<br /> ° f � - Fimds.Lender shal l give t o Borrower. �ti .
<br /> �. ,t,: • �
<br /> `3��, . ;�`,':;� �° Fr,tndsar�dthep�rPasetorv�icheacbdebittotheFundswasmade�TheWndsareptedgedasaddi�onalsecurirytorthesums ^ . . , .
<br /> ;� • ..... :.::a ,` �,`- � �.
<br /> �, ggquc3d by thts Desd oi Trust ,
<br /> � :: �
<br /> :�� IftheamountoftheFundsheidbyL�nd��Lag�therwithtinefuturemor�Miyi�stallm�r�tsofFundspayablepriortcthedue.� � �
<br /> �. �`� d�tes of ta�oes.assessme�t��P���u��d gmund rer�ts.shatl exceed the amout�t requtred to pay said taw�_ _ .-
<br /> s. ;f. •�; =.- .:
<br /> � ' a�mer�s►insurancapremittttsi��ds,�roundrerrtsastheyiafldae�suche�a�sssRalibQaiBorrowePsc�El�n,eft3r�spnomPl�Y•��� 4
<br /> � . ..
<br /> ��'��� atdto Barrower or txedited to B�s'�P1der�n.a�oMhty installmeMs of�unds.if the amou�of the Funds ReId by Lender shali :'�,�<`4{...';;u:
<br /> _ �;;z r�p ,
<br /> � � . .,SS: rtatbesufftctecRWpaytaxes.assessme�.t�cepremiumsandgroundrerdsasthaytsUdue�Borrawershallpaytolendsr •.:. 4 � �
<br /> �;�... .��;. eny aetour�t necessarS►to make up the deft�!�s�c3l in ons or more payms�s as Lender may recluire.. T , y �:
<br /> "-7'�';�' ;.," U fln ern in fup of a1i sums secured by4his 0eedaf Trusl,Lender sha11 promptty retundto Bcrtower arry Funds heid�.
<br />=-,:,�`<`.. ';�: P P� ��
<br /> ��.^?,:,�:. , fc Lende�ffunderparagraPhl7heceoftheProgertyissaic�asi�teP�opertytsathen�rtseac�quiredbyLender.LendershallaA¢�1. , .' ,'' y�
<br /> 1� :;�z� ,.'��';. o la�ar than immee�tatety p�or to ths sate of the Prope�ly c�r�s acquisiUon tay Lender,arry Funds hetd by I.encfcr at the 8me •.�-.�.
<br /> �'� ��
<br /> . , �.. ....... . �� ' .. . . .
<br /> . . � .. of appiica�on as a c�dit against the sums secured by this Deed of Trus� �; ,,,;: .;.. �' �:;`
<br /> . `. 3, ppplicatta��4 Paylnenta Unies.s appiit�le law pravides athernise.all paymerris re�etve�by Lender underthe�4a� ���
<br /> t �
<br /> .: .�. . .-:,�i and paragraQhs 1 and 2 h e r e a F��l l b e app f t e d b y L e n d e r fi r s t in p a y me�ot amourits payabte to Lendet by Borrovrer und�r � � T ���_ ,�•
<br /> �, ,�, :..� P�9�Ph 2 hereof.tt�en to i�st PaYabta an the I�ote.and then to the principal 03 ths Rtata ,�. ,�,,' , - ,,� ,;;
<br />. r.'.,;..,.
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<br /> , . � 4. Peior�ftart�egesandl��Js�?This�Chatges.uenaBorrowersha(lperformallofBomower'soblfiga'�ons�m�erart4P :;•���� �� : ,
<br /> � mortgaga.dee�a�t�torothersecurityagtrr�entwithalienwhicAhaspriorit�fave►this0eedefT�tst.includingBorrcwe�'� �...,�. � ��:
<br /> ` •�' oovener�tstomah�f�YmBntswhendua.8o�ra�rshailpayorcausetobepaidalltaxgs�assessm�Landatherchar+g8s.�at€ . ��-
<br /> , . . . : . andfm�asi�onsa4�butabtetothePropaRYwhichmayattainapriarityaverthisOeedof�ust�andte�-d�a?dpaymerrtsorgmwsrf° ' . ":�',".
<br /> ' �ents,Ef any.
<br /> _ 5� Haaaed tnsurartc�.Borrower sl�a0 ke��the impr4�+�amenb now existing or hereafter erected on the P�J�nsutr� � �,,,�.t`' `��
<br /> . - - against Eoss by flra.hazarQs included wfthln.tit�term extended covec�a':and such other hasards as Lendac�ay��ry'- "b�• +���__
<br /> �� and in such amounts and tor su�ch period��I:�nder may require. ' '.,;�t`.; "��=
<br /> � �.�_-
<br />��' . � .`�+ The Insurence carrier provE�ingtkse tnsur'�nce shall by chosen by Borrower subject W approval by Lender provided.ttf� :,,.�,�.;�:.:'...,=."��tl
<br /> "? such apprcval shatl not be unra��y�^hetd.Alt insuranca Rolicies and rertev�thereaf sAall be in a form aoceptable�.. ty����
<br /> ,��. � ;;; �
<br /> '� to�en6et and at�ail include a slartdatd mo�e clause in tavor af and in a torm aca"�bte to Lendet l.ender sha11 have ttte ,��� ,ry �+�;-a;
<br /> � �����` �ighttohotdthepoliciesandrenewatsthessaf,.r--,�bjecttothatermsofanymortgage,desdoftrustcrathersecurttyagreeir�ecet �� �, v_
<br /> wlth a lien vrhich has priority over thts Deect df Ti�ust. ;� --_
<br /> - � ' (nthaeventofloss.Bortowershallgivepromptnoticetotheinsurancecarrle�andLender.l�isd�rmaymakeproofoflo� ;,,,
<br /> � � It nat made promptiy by Borrower. .- �•.
<br /> - [f t�e Properry ts abar►doned by Borrower,or i!Bor�awer tails to respond W Lender v�ithin 30 days trom tltadffie notic0 is _ . _ ._
<br /> '�!: _ • .:- �s.
<br /> : maited by Lende��o Borrower that the insurance car�ter cffers to settte a ctalm br insurartce benelit5�Lends�is authoriz�d �, �
<br /> 4 � ' t000ltectandap�iqy'tfieinsuran�proceedsat�ertder'scpdoneithertorestorationorrepairotthePrc�rcYorLothesumaseairad , _.
<br /> � : . � by thfs D80d o1 Trust. '' '
<br /> � `}"'; � 8r pnesQnr�ttonandMalMent�neaot6hoperty;l.eased�otds;Condomtntuma:Piann�dUnitOeve4oFm$�.Bor�var . � !; �: �.
<br /> 1 N�;�• �
<br /> �'� �`:1'''��� � . � _�; sfiail iceep the Property in gaad repalr and shall nat commtt waste or pennit tmpairment or detedoratio�of ihe Propert�ant� *����y; ..,_.
<br />_.. ,. ! '��.;�,,: . � .
<br /> � "`"���`�� shall compiy witA the provtsions of any tease tf this Deed of 1Pust is on a teasehafd.l4 this Deed o!Trust[s on a unit in a ,
<br /> ccndominium or a planned unit devetopment,Bo►rower shall pertorm all W Borrower's obligations under tha dectaraHon ar �'
<br />,.,1;, � cavenardscreatlngorgavemingtheoondominiumorpiannedunitdevefapmeM,thebyaawsandregula8onsatthaoondomtnium :
<br />��� � • ar pianned unit devefopment,and ConstituerR dacumenta
<br />���`'�`� ' � 7. Protectton of 4ender's Security.if Borrawer tails to pertorm the covenaMs and agreements corKained in this Daed
<br /> :�ti<r,;,:. : , � . .
<br /> � of Trust,or i1 any actton or proceeding is commenced which mate�iaity aftecta Lender's interest in tho Prop�Ry,then lsnder� ;
<br /> ._- , atLendar'sopttan.uponnoUcetoBorrowei�maymakesuchappearana�disbursesuchsums.inctudingreascnabteattomay� �'��; _�
<br /> �� feea,and take such action as is necessary�a R�tect Lender's interest f�'B�ender required mortgacye insurance as a condition
<br />_ � '� ofma{cingthetoanseauredbythisDeedotTnist.Bottawershatipaythepremiumsrequiredtomairttainsuchinsurenceinefleot � !;� ��
<br />°- " untilsuchUmeastiterequlremerRforsuchinsuranceterm�natesinaccordertcowiWQorrawer'sandLender'swrittenagreemerd ;�, , :i;,: . �
<br /> ' ar appllcabie law ; � � �
<br />__ � . �.'{ My amounts disbursed by Lender pursuant to thla paregraph 7,icJith interest 4hereon,at tho Nat�rato,shatl bacame . . , .
<br /> . � a�di3lonalUdebtednessofBorrcwersecuredbythlsCeedWT�usLUnies$�orrawerandlendsragreetoothertermsotpaymerR�
<br /> n"� ' � such amounts shall be payable upon notics from Lender to Borrower requesting paymeM thereat.Nothing cor�talned in thl� .
<br />_ y.�;J�L. ' '. . . ,'. .
<br /> „�`i,;`��y r � paragraph 7 shaii require Lortder to incur any expanse or take any action hereunder. •
<br /> ;�,,.tf���� -�• •:�- , @. 1nspaction.Lender may makfi or cause to be made reasonabte er►tries upon and inspections of tt�o Property,pravt�ded
<br /> `„.;:;
<br /> , . _ that Lender sha11 give Borrovrer notice prior to any s�ch inspecttor�specftying reasflnabte cause tfi�refor refated to LendePs ; .
<br />-�� � .. Interest in the Properiy. � �
<br /> � � � 9. CandomrsssElon.The proceads o!any award or clalm for damagea,direct or consequentiaf.in connectton�r�ith arry -.
<br />° �� � condemnation or othe►nder ub ect to the terms�ny mortgage,deed�of t�rust on'o her ecurity egre�ment with a il�n Nr�htch . '
<br /> aa0 shall be pat�t�Le . � .
<br /> i . � � � has priority over this Daed of Trust.
<br />�., .. .
<br /> . - '_ _-- - �� --. --
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